EXEC: Academy Returns to Positive Comps, Sees Gas Prices Restraining FY Spend
EXEC: Sportsman’s Warehouse CEO Talks Q1 Category Details as Retailer Beats Estimates
EXEC: Dick’s SG Sees Improved Top-Line Trends at Legacy DSG and FL; Guidance Disappoints
EXEC: West Marine Files for Bankruptcy, Store Closures Expected
EXEC: L.L.Bean Sees Flat Sales for Third Straight Year; Employee Bonus Shrinks
SGB Update
Imports Expected to Climb in June Ahead of Higher Tariffs and Fuel Prices
Import volumes at major U.S. container ports are expected to see a skewed year-over-year bump again this month in anticipation of more tariffs and rising fuel prices but then remain below last year’s levels into the fall, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Duluth Holdings Inc. Shrinks Q1 Loss
The parent of Duluth Trading reduced its first-quarter loss and raised its full-year earnings guidance as a turnaround strategy focused on scaling back promotions and slower-selling SKUs gains traction. Sales fell 4.0 percent while gross margins improved 540 basis points.
Can-Am Sales Group Appoints Senior National Account Manager, Canada
Can-Am Sales Group, LLC. appointed Stephanie Gevry, formerly director of business development at Pelican International, to senior national account manager as part of the sales agency’s Canadian team.
EXEC: Equip Strengthens Leadership to Support Next Growth Phase
Rob Maynard, previously chief financial officer, has been appointed chief operating officer, leading buying and sourcing, inventory and analytics, and IT and systems. Richard Pinner, formerly VP of Sourcing and Product Development at Pentland Brands, succeeds Matt Bingham, who leaves the company this month after 12 years of service.
NSSF: Adjusted NICS Background Checks Positive for Fourth Straight Month
The National Shooting Sports Foundation (NSSF) reported that its NSSF-adjusted National Instant Criminal Background Check System (NICS) figure for May 2026 increased 3.2 percent year-over-year, the fifth consecutive month of gains.
SGB Executive
EXEC: Academy Returns to Positive Comps, Sees Gas Prices Restraining FY Spend
Academy Sports and Outdoors, Inc. slightly raised its FY outlook after reporting its first same-store gain in three quarters on strength in shooting and fishing categories, but CEO Steve Lawrence still cautioned that elevated gas prices will weigh on consumer spending for the year. Lawrence told analysts on a call, “Gas prices definitely are a headwind for the American consumer.”
EXEC: Sportsman’s Warehouse CEO Talks Q1 Category Details as Retailer Beats Estimates
Net sales for the first quarter were $256.1 million, a 2.8 percent increase versus the Q1 period last year. The increase was seen as a 1.2 percent beat against Wall Street’s 1.6 percent growth estimate. An Adjusted EPS loss of 39 cents per share was a 33 percent beat versus analyst estimates for a 58 cents Adjusted EPS loss.
EXEC: Sea-Doo and Ski-Doo Owner BRP Posts Double-Digit Q1 Revenue Growth
BRP’s North American retail sales were down 7 percent year-over-year for the first quarter. The decrease in retail sales was attributed mainly to lower Snowmobile industry volumes compared with a strong end-of-season last year.
EXEC: Dick’s SG Scores Stock Upgrade, Price Target Hikes Post-Earnings
The parent of Dick’s and Foot Locker secured a ratings upgrade from J.P. Morgan and saw several price-target hikes by other Wall Street firms after the retailer reported first-quarter results ahead of targets. The report left many analysts more convinced that Dick’s legacy business is retaining its momentum and that Foot Locker is on the path to recovery.
EXEC: Dick’s SG Sees Improved Top-Line Trends at Legacy DSG and FL; Guidance Disappoints
DKS shares on Wednesday fell $13.92, or nearly 6.0 percent, to close at $219.21 for the day. Shares are still comfortably up from $197.97 at the start of 2026. DKS shares were rebounding in low-singles in pre-market trading on Thursday morning, May 28.
